Multilaser publishes 2Q26 earnings call transcript

• Multilaser held its 2Q26 results videoconference with CEO André Poroger, CFO Eduardo Belelas, executives, investors, and analysts.
• Net revenue neared R$ 960 million; EBITDA margin reached 12.4%; net income totaled R$ 142.2 million; net cash was R$ 405 million.
• Management flagged gross-margin support from SKU cuts to about 1,700 from roughly 4,000, helped by price pass-through ahead of cost inflation.
• Gross margin ran around 30%-32%; management guided to a possible normalization to 27%-28% as the pull-forward effect fades in 2H26.
• CFO cited R$ 2.65 billion in unprovisioned tax contingencies as “possible loss,” not expected to drive cash outflows; dividend distribution seen as likely.

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